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$LAB (1h) - Bearish Pullback Short
Bias: Short
Entry (Zone): 7.10 - 7.35
Targets:
TP1: 6.70
TP2: 6.20
TP3: 5.85
Stop Loss: 7.65
Why this Setup:
I’m looking for a continuation short while price stays below the broken support and failed to hold the recent 7.3 to 7.5 area. The move has already lost momentum after the sharp run-up, and I want to sell pullbacks into resistance for a deeper retracement toward the next support zones.